NABARD, other banking institutions important in increasing GDP, employment: CM Gehlot

NABARD State Level Credit Seminar was recently organized in Jaipur. On this occasion, Rajasthan Chief Minister Ashok Gehlot said that there is immense scope in agriculture, animal husbandry, dairy, handicrafts, water conservation, rural development, self-employment and other areas. NABARD and other banking institutions can play an important role in the development of the country and state by promoting these areas. Chief Minister emphasized that in view of the current economic conditions, improvement in the economy should be state government's top priority. Banks can make a big contribution to the country's GDP and employment growth by providing loans to priority sectors as per their target. The Chief Minister underlined that the state government has come up with new policies for the development of solar energy, wind energy, industry, agro-processing and MSME sector. In this way, the role of NABARD and other banks will increase in the state. On this occasion, the Chief Minister also released the State Focus Paper of the year 2020-21 of NABARD.